Sportsbetting tips for the iGaming Industry

When it comes to sports betting in the iGaming industry, there is a lot of choices to choose from in terms of sites you can go to. You could go from place to place trying to find the perfect site for you or to find where has the best odds. But why put in all that hard work when places like Sportsbookreview.com covers all the most reputable betting sites since 1999, and it’s that detailed that it offers comprehensive and updated information about each sportsbook that you would ever need.

However, we have some of our own tips when it comes to sports betting on iGaming, and we’re going to go through a few of them below to see if we can’t help you out a little. And, if you win big on the back of this, then feel free to share your new-found wealth with us. But let’s not get ahead of ourselves, on our top tips.

Read the news

One of the best tips when it comes to sports betting is to read the news. If you’re betting on a team game or even on individuals who may play a sport or games like Poker, news can be a very handy source to help you make decisions.

If you keep up to date on the latest news then you have the most recent and relevant information to hand to help you assess risk. As in every bet, there is always risk, hence betting odds, which are an indicator of risk in itself. Those with lower odds are lower risk, and more likely outcomes, whereas higher odds mean increased risk, but the less likely result can lead to a bigger payout.

News will keep you updated on things like current form, whether a specific team will be affected by injuries or even if there have been rule changes that may favor one player over another.

However, even the best news sites, whether they report on sports, games or even esports news, may not have all the information. And sometimes you’re even thrown a curveball now and again with unsuspected results, like Aston Villa beating reigning Premier League champions 7-2 in what was an embarrassing defeat for the Reds.

Cover your bets

Covering your bets is essentially, placing bets whilst trying to cover as many outcomes as possible to reduce the risk of losing money. Covering your bets may mean you won’t make as much as you look to cover more ground, but making money is better than taking big losses, right? Of course, it is.

To help you cover your bets, rather than betting on a straight out winner, you can sometimes bet each way. This is when you double down your bet, to cover more finishing places. An example of this is saying you want to bet on the winner of a Poker tournament, you may bet £10 at 10/1 odds, but they have to win to get a return on that.

You can still make money by going each way though because you double your bet to £20 and you can still win money at reduced odds if they place. The original bet you would’ve placed still comes in if they win, plus you get the additional winnings for placing too. If they only place and don’t win, then you still get money back allowing you to make a smaller profit, or reducing the amount of your losses. The number of places does differ between sites, so it’s worth shopping around.

There is also one other way to cover bets, and that’s called arbitrage betting. This is when you cover every outcome making use of offers, and odds from different sports betting websites. The end goal being, no matter what the outcome, you end up winning something. It does mean putting different amounts down on each outcome, but if you do your homework and work everything out, it can be a way of making guaranteed money. Even if it will take a long while to make it really worthwhile.

When the fun stops, stop!

Whilst we’ve offered some tips and suggested sites that will help you further. It’s important to remember there is always a risk involved. You can bet on every red and black number in roulette in an online casino, but it could still end up on green 0. It’s important that if you begin to develop a problem, or you’re losing more than you can afford, that you look for help from places like Gamble Aware. Who will help you during those tough times?

But fingers crossed that never need to happen and you end up like Scrooge McDuck in a swimming pool full of money.